Surrey Row, London, SE1
ST

Surrey Row, London, SE1

By Stirling Ackroyd

£ 900,000

Reviews

2 out of 5 stars

Stirling Ackroyd says ..

Currently laid out as one large office space, Units 5 and 6 Lagare are available for sale as one or as two separate buildings. Plans have been produced to create two separate terraced houses. Situated over three floors (basement, ground and first floor), the properties curre...

Property Oracle says ..

This property in Surrey Row, London, SE1, is currently listed as an office space but has potential for conversion into residential accommodation. The location in Borough & Bankside is a significant advantage, offering proximity to Waterloo East and other transport links, along with local schools and amenities. The property appears well-maintained based on the provided photographs, which show modern office interiors with a clean and functional layout. However, the lack of information regarding the external condition and any potential renovation costs is a key factor to consider. The lack of a garden or outdoor space is a significant drawback for potential buyers seeking a residential property. The list price of £900,000 requires careful consideration of the conversion costs and the relative scarcity of land in this area, along with comparing prices of similar sized properties in the surrounding area to fully assess whether it is a competitive price. Overall, the property offers a promising central London location and appears to be in reasonable condition, but potential buyers must carefully weigh the absence of outdoor space and any potential conversion expenses against the attractive location and the property’s existing modern fit-out.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
1,552.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
930,904.00 £
Decreased by 10.34 %
from 1,038,249.00 £
Est sale value
1,930,688.00 £
Increased by 7.61 %
from 1,794,112.00 £
Average area rental value
2,675.00 £/mo
Increased by 1.52 %
from 2,635.00 £/mo
Est letting value
4,656.00 £/mo
Increased by 50.00 %
from 3,104.00 £/mo
Est rental Yield
3.45 %
Increased by 13.11 %
from 3.05 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Stirling Ackroyd created the listing.

Nearby Schools

NameTypeOfstedDistance
Friars Primary Foundation SchoolFoundation SchoolGood0.13 KM
London South Bank UniversityHigher Education InstitutionsGood0.36 KM
The Autism Project - CaretradeSpecial Post 16 InstitutionRequires improvement0.41 KM
Haberdashers' Aske'S Borough AcademyFree Schools0.45 KM
St George'S Cathedral Catholic Primary SchoolVoluntary Aided SchoolGood0.60 KM

Images

Kitchen Office Space Storage Kitchen Office Space Office Space Office Space Office Space Storage Office Space Office Space Office Space

Nearby Streets

NameAverage PriceAverage SqftDistance
Silex Street £ 599,99500.00 KM
Lancaster Street £ 520,00000.00 KM
Cycle Superhighway 6 £ 1,212,50000.00 KM
Marion's Way £ 000.00 KM
Newington Causeway £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Waterloo East5158WAE0.79 KM
Elephant And Castle5246EPH0.93 KM
Blackfriars5112BFR1.14 KM
Waterloo5598WAT1.22 KM
City Thameslink5121CTK1.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Surrey Row, London, SE1 £ 900,000BUY5 / 100.00 KM
Rushworth Street, Southwark £ 650,000BUY7 / 100.03 KM
Rushworth Street, Southwark £ 650,000BUY7 / 100.03 KM
Newspaper House, Rushworth Street, SE1 £ 900,000BUY7 / 100.06 KM
Glasshill Street, London £ 1,450,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
52 Great Suffolk Street £ 250,0000.16 KM
50 Great Suffolk Street £ 432,0000.16 KM
48 Great Suffolk Street £ 550,0000.17 KM
5b Belvedere Buildings £ 240,0000.25 KM
5c Belvedere Buildings £ 365,0000.25 KM